What are the four types of real estate?
Posted by Jag Sidhu PREC* on
Understanding the Four Main Types of Real Estate
Real estate is a vast and diverse industry, and it can be divided into four primary types: residential, commercial, industrial, and retail. Each of these types serves a different purpose and has unique characteristics. In this article, we will explore these four types of real estate in simple terms.
1. Residential Real Estate
Residential real estate is where people live, and it is perhaps the most familiar type of real estate for many of us.
Single-Family Homes: These are the houses you often see in neighborhoods. They are designed for one family and are typically standalone structures. Single-family homes provide privacy and a sense of ownership.
Multi-Family Homes: These include…
284 Views, 0 Comments